Is Byers, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Byers was a Seller's Market.
Key Takeaway
Byers is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Byers, CO
How much do homes in Byers, CO cost?
Median Sold Price
$550,000
$262/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Byers have sold for 1.8% less than they did a year ago.
Summary: The median home sold price in Byers was $550,000 in March 2024, down 1.8% from last year, and the median price per square foot was $262.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $209K | N/A |
| 2 Bedrooms | $315K | $283.2K | -10.1% |
| 3 Bedrooms | $440K | $529.9K | +20.4% |
| 4 Bedrooms | $617.5K | $611.5K | -1.0% |
| 5+ Bedrooms | $660K | $550K | -16.7% |
Summary: Byers housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10.1%, 3 bedroom homes increased by 20.4%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes decreased by 16.7%.
Median Sold Price Compared To Nearby Cities
| Strasburg | $499.9K | $535K | +7.0% |
| Byers | $560K | $550K | -1.8% |
| East Adams | $486.5K | $475K | -2.4% |
| East Arapahoe | $625K | $599K | -4.2% |
Housing Supply in Byers, CO
How many homes are available in Byers, CO?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 18 | 19 | +5.6% |
Summary: The Byers real estate market had 19 homes for sale in March 2024, a 5.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Byers housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 2 | -77.8% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Byers, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Byers in March 2024, down by 77.8% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Byers, CO
How long does it take to sell a home in Byers, CO?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 93 Days | 9 Days | -89.8% |
Summary: Homes in Byers had an average of 9 days on market in Mar 2024, down by 89.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Byers are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 2 homes were sold in Byers; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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